FORECLOSURE FRAUD NOTICE

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Robert Blair
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1 FORECLOSURE FRAUD NOTICE Foreclosure fraud has become epidemic. Help stop foreclosure fraud. Be suspicious of: Anyone that guarantees to stop foreclosure Pressures you to sign any agreement Tells you not to contact your mortgage company Wants to charge you up-front Tells you to make payments to them Offers to fill out the paperwork for you Tells you foreclosure scams are not real There are reputable groups who can help and you will not be charged for their services.

2 HUD APPROVED HOUSING COUNSELING AGENCIES IN WYOMING WYOMING HOUSING NETWORK, INC. Program Development Director 2345 East 2nd Street Casper, WY Telephone: (307) Fax: (307) INTERFAITH OF NATRONA COUNTY, INC. 140 East K Street Casper, WY Telephone: (307) Fax: (307) interfaithnc@yahoo.com GREENPATH FINANCIAL WELLNESS Dell Range Blvd. Cheyenne, WY Telephone: (307) Toll Free: (800) Fax: (970) Website: Type of Counseling: HECM, Default/Foreclosure, Rental and Pre-Purchase Counseling WYOMING FORECLOSURE HOTLINE Wyoming Attorney General's Office & Brothers Redevelopment, Inc. Telephone: (855) Main office in Cheyenne, WY Type of Counseling: Foreclosure Prevention, Refinance Options, Pre-purchase housing counselor

3 Servicemembers Civil Relief U.S. Department of of Housing OMB Approval Act Notice Disclosure and Urban Development Exp 12/31/2017 Office of Housing Legal Rights and Protections Under the SCRA Servicemembers on "active active duty" duty or "active active service," service, or a spouse or dependent of such a servicemember maybe entitled to certain legal protections and and debt debt reliefpursuant to to the the Servicemembers Civil Relief Act (50 USC App b) (SCRA). Who May Be Entitled to Legal Protections Under the SCRA? Regular members of the U.S. Armed Forces (Army, Navy, Air Force Marine Corps and Coast Guard). Reserve and National Guard personnel who have been activated and are on Federal active duty National Guard personnel under a call or order to active duty for more than 30 consecutive days under section 502(f) of title 32, United States Code, for purposes of responding to a national emergency declared by the President and supported by Federal funds Active service members of the commissioned corps of of the Public Health Service and the National Oceanic and Atmospheric Administration. Certain United States citizens serving with the armed forces of a nation with which the United States is allied in the prosecution of a war or military action. What Legal Protections Are Servicemembers Entitled To Under the SCRA? The SCRA states that a debt incurred by a servicemember, or servicemember and spouse jointly, prior to entering military service shall not bear interest at at a a rate rate above 6 % 6 % during the the period of of military service and one year thereafter, in the case of an obligation or liability consisting of a mortgage, trust deed, or other security in the nature of a mortgage, or during the period of military service in the case of any other obligation or liability. The SCRA states that in a legal action to enforce a debt against real estate that is filed during, or within one year after the servicemember s servicemember's military service, a court may stop the proceedings for a period of time, or adjust the debt. In addition, the sale, foreclosure, or seizure of real estate shall not be valid if it occurs during or within one year after the servicemember s servicemember's military service unless the creditor has obtained a valid court order approving the sale, foreclosure, or seizure of the real estate. The SCRA contains many other protections besides those applicable to home loans. How Does A Servicemember or Dependent Request Relief Under the SCRA? In order to request relief under the SCRA from loans with interest rates above 6% a servicemember or spouse must provide a written request to the lender, together with a copy of the servicemember s servicemember's military orders. [Note: Lender should place its name, address, and contact information here.] There is no requirement under the SCRA, however, for a servicemember to provide a written notice or a copy of a servicemember s servicemember's military orders to the lender in connection with a foreclosure or other debt enforcement action against real estate. Under these circumstances, lenders should inquire about the military status of a person by searching the Department of Defense s Defense's Defense Manpower Data Center s Center's website, contacting the servicemember, and examining their files for indicia of military service. Although there is no requirement for servicemembers to alert the lender of their military status in these situations, it still is a good idea for the servicemember to do so. How Does a Servicemember or Dependent Obtain Information About the SCRA? Servicemembers and dependents with questions about the SCRA should contact their unit s unit's Judge Advocate, or their installation s installation's Legal Assistance Officer. A military legal assistance office locator for all branches of the Armed Forces is available at "Military Military OneSource" OneSource is the U. S. Department of Defense s Defense's information resource. If you are listed as entitled to legal protections under the SCRA (see above), please go to or call (toll free from the Unites States) to find out more information. Dialing instructions for areas outside the United States are provided on the website. form HUD (12/2014)

5 INFORMATION REGARDING THE FOLLOWING LOSS MITIGATION REPAYMENT PLANS: OPTIONS * Credit Reporting: Please note that we will continue to report the delinquency status of your loan to credit reporting agencies as well as your entry into a Payment Plan in accordance with the requirements of the Fair Credit Reporting Act and the Consumer Data Industry Association requirements. CREDIT SCORING COMPANIES GENERALLY CONSIDER THE ENTRY INTO A PLAN WITH MODIFIED PAYMENTS AS AN INCREASED CREDIT RISK. AS A RESULT, ENTERING INTO A PLAN WITH MODIFIED PAYMENTS MAY ADVERSELY AFFECT YOUR CREDIT SCORE, PARTICULARLY IF YOU ARE CURRENT ON YOUR MORTGAGE OR OTHERWISE HAVE A GOOD CREDIT SCORE. PRE-FORECLOSURE (SHORT SALE) OR DEED IN LIEU OF FORECLOSURE: * Credit Reporting: Please note that we will report to the credit bureaus that a short sale or deed in lieu was accepted by W.C.D.A. after proper documents are filed. AS A RESULT, THIS WILL ADVERSELY AFFECT YOUR CREDIT SCORE, PARTICULARLY IF YOU ARE CURRENT ON YOUR MORTGAGE OR OTHERWISE HAVE A GOOD CREDIT SCORE. * Most insurers require a borrower must be in default before W.C.D.A. can consider a Pre-foreclosure Sale (short sale) or Deed in Lieu of foreclosure. * On FHA loans this will be reported on their CAIVRS. Borrower(s) will not be able to obtain a FHA loan for a minimum of three (3) years. * Some Insurers may require Borrower(s) to make cash contributions. * Please be aware that in the event that WCDA forgives your debt, or any portion of it, there may be tax consequences to you as a result. You should consult with your tax advisor about any such potential tax consequences. WCDA does not provide any tax advice so we cannot answer any questions about tax consequences that you may have. SERVICE MEMBERS and FEDERAL EMPLOYEES * All Service members and Federal employees should obtain guidance from your employer regarding the potential impact on security clearance and employment.0

7 ***IF ALL THE DOCUMENTS REQUESTED ARE NOT RECEIVED IT WILL CAUSE A DELAY IN PROCESSING YOUR REQUEST*** **PLEASE NOTE: WE WILL BE PULLING A CREDIT REPORT TO PROCESS THIS REQUEST** If you would like us to look at any type of repayment plan or short sale, we need you to fill out, gather and return ALL the following information (if applicable) as soon as possible: MANDATORY: please read fully the enclosed pamphlet on How to Avoid Foreclosure fill out fully and sign the financial information (Projected Monthly Budget) copies of your last 4 paystubs OR verification of employment (if you use the verification, please fill out #'s 1, 7 & 8 ONLY) OR contractual letter from new employer 1. If unemployed, will need copy of either letter of award or denial 2. If you are self-employed, you must provide 3 months profit & loss statements prepared by a certified accountant - not selfprepared. DETAILED letter explaining why loan is delinquent (why your income has been reduced or your debt load has increased, what has changed since you purchased the home) FULL copies of your most current 3 months bank statements - this must include ALL accounts, checking, savings and investment accounts FULL copies of your most current 2 years tax returns (Do not delay submitting the financial package if you are missing your tax returns. These can be sent as soon as you obtain copies.) IF APPLICABLE: 2 current paystubs or letter from any person who is contributing funds to the household expenses. proof of child support income, unemployment, social security received (i.e. letter of award) if applicable proof of bills that are not normal, monthly bills (i.e. medical, IRS, collections/judgments) and letters of agreement of the monthly payments proof of child support you are obligated to pay copy of filed divorce decree proof of rent money received. i.e. lease agreement or letter from renter

9 # of people in the household Name Projected Monthly Budget HOUSING Monthly ($) DONATIONS Monthly ($) 1st Mortgage-principal & interest Tithes / Offerings 2nd Mortgage-principal & interest Charity Property Taxes EDUCATION Homeowner's Insurance Tuition / Lessons Mortgage Insurance Books, paper, supplies Homeowner's Association Dues Newspaper / Magazines GIFTS Birthday UTILITIES Holidays Electric Gas / Propane PERSONAL Water/ Sewer / Trash Barber / Beauty Shop Telephone / Cell Toiletries Cable / Satellite / Internet Children's Allowance TRANSPORTATION Tobacco Car Payment / Balance = Alcohol Car Payment / Balance = Household Fuel Auto Insurance ENTERTAINMENT Car Inspections Movies/Sporting Events/Concerts Car Maintenance / Repair Video Rentals License Plates / Registration Gambling / Lottery Tickets Public Transportation Fitness / Social Clubs Parking / Tolls Vacation / Trips Hobbies / Crafts FOOD Groceries MISCELLANEOUS Eating Out Home Maintenance / Furnishings School Lunch Bank Account Fees Work related (Lunch / Snacks) Pet Care / Supplies Postage INSURANCE Health (not deducted from pay) DEBTS Life Student Loan(s) / Balance = Disability Credit Card / Balance = Credit Card / Balance = MEDICAL Credit Card / Balance = Doctor Credit Card / Balance = Dentist Medical Bills / Balance = Prescriptions Personal Loan / Balance = Chirppractor / Balance = / Balance =

10 Name CHILDCARE Daycare / Sitter Child Support / Alimony CLOTHING Clothes / Shoes Laundry / Dry Cleaning INCOME Homeowner #1 Homeowner #2 Social Security Disability Unemployment Child Support Alimony Gross Net OTHER EXPENSES ELECTIVE DEDUCTIONS FROM INCOME Savings IRA Contribution 401K Estimated Property Value 1st Mortgage Balance 2nd Mortgage Balance I/We certifiy that the information provided is true and correct to the best of our knowledge. Date Date

Wyoming Community Development Authority Financing Affordable Housing in Wyoming Name(s) Current Mailing Address City, State & Zip Code WCDA Loan Number Property Address City, State & Zip Code I/We

11 Wyoming Community Development Authority Financing Affordable Housing in Wyoming Name(s) Current Mailing Address City, State & Zip Code WCDA Loan Number Property Address City, State & Zip Code I/We hereby authorize WCDA to obtain my/our current credit report for the purpose of qualifying for potential loss mitigation assistance. Signature Social Security # Date Signature Social Security # Date 155 N. Beech Street, P.O. Box 10100, Casper, WY P: (307) F: (307)

15 Name Expense Category Housing Utilities Transportation Food Medical Clothing Personal Care & Miscellaneous Savings Monthly Installments % of Monthly Net Income 25-35% 5-10% 10-15% 5-15% 5-10% 2-7% Budgeting Tips 5-10% 10-15% 5-10% Budgeting tips should be used as a guide to determine overspending in any one category. Family sizes and other factors can greatly affect these guidelines. mortgage, property taxes, insurance, homeowner's association dues gas, electric, water, trash, sewer, phone (if you are spending too much on utilities consider switching phone carriers, conserving energy, save for new appliances, etc.) installment and lease payments, fuel, repairs, maintenance, insurance, parking, public transportation groceries, dining out, lunch money, school lunch, morning coffee, alcohol, pet food, etc. (remember it is five times more expensive to dine out than to prepare meals yourself) medical insurance premiums, prescriptions, doctor and dentist bills (medical bills do not come up every month but you should save funds for emergencies) clothing and shoes club dues, hobbies, postage, tobacco, cosmetics, hair cuts and cable TV (if your budget needs to be cut start in this category as most of these expenses are wants compared to other categories which are needs) it is critical that a new homeowner establish an emergency account for any unexpected occurrences. Emergency accounts should be based on 3-6 months worth of expenses. credit cards, student loans, personal loans, etc. (try to minimize any outstanding debt to provide a more stable financial situation) Revised September 2015

16 Name Typical Budget Busters Spending small amounts of money can add up to big bucks over time. Use the chart below to see where money might be leaking out of your wallet. That leaking could go toward helping you meet your goals. Add to this list any small but frequent purchases you make and see how much those purchases cost you over a year. Phone/Cell Services Cable TV Coffee/Lattes Check Cashing Store Fees Cigarettes Drinks out with Friends Eating Out Magazines / Newspapers Snacks / Convenience Stores Extra Purchases Entertainment Total Cost per month Cost per year (month x 12) List your post home purchase financial goals: Revised September 2015

BEHIND ON YOUR MORTGAGE PAYMENTS? Help is available.

BEHIND ON YOUR MORTGAGE PAYMENTS? Help is available. FREE assistance from HUD-approved housing counseling agencies is available to you. Housing Counselors at non-profit or government agencies approved